Dalian Commodity Exchange: 30 March 2021

30 Mar 2021 Major contracts on Dalian Commodity Exchange register steep reductions by the end of the trading day as trader bet on bearish sentiment.

30 Mar 2021

Oil prices edged higher on OPEC+ output cut expectations

International benchmarks for crude oil edged slightly higher on Monday, 29 March 2021 as investors expect OPEC+ to maintain the current output cuts.

29 Mar 2021

Suez Canal blockage removed as giant ship re-floated

Some Asian petrochemical suppliers are having cargoes en-route European market have expressed the concern. The delay in cargo arrivals would tighten availability in certain markets.

29 Mar 2021

Oil jumped on fear over prolonged Suez Canal blockage

International benchmarks for crude oil jumped 4% on Friday, 26 March 2021 on the concerns that a prolonged blockage at the Suez Canal might disrupt global supply.